6360 Maryland Drive, Los Angeles, California 90048, Los Angeles, 90048 - 5 bed, 5 bath

6360 Maryland Drive, Los Angeles, California 90048 home-pic-0
ACTIVE$3,569,599
6360 Maryland Drive, Los Angeles, California 90048
5Beds
5Baths
3,920Sqft
6,202Lot
Year Built
2013
Close
-
List price
$3.57M
Original List price
$3.7M
Price/Sqft
$911
HOA
-
Days on market
-
Sold On
-
MLS number
25484239
Home ConditionGood
Features
Good View: Peek-A-Boo
Deck
Pool
Spa
Patio
ViewPeek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.57M(73th), sqft - 3920(85th), beds - 5(77th), baths - 5(67th).

Owner has filed voluntary chapter 11. 500K below market value, new 130K approved price drop by trustee. Bring your contractor, add value and your own personal taste at the lowest entry point for a Beverly Grove modern oasis. 4 bedroom family home plus extra large office that can be used as an extra bedroom, 4.5 bath, prime for entertaining. Almost 4,000 sqft with a pool, spa, fire-pit area, and large patio. A large open layout with a glass staircase, high ceilings, floor to ceiling retractable doors, and lots of natural light. Master suite is complete with a fireplace, seating area, balcony, walk-in closet and large bathroom. The separate laundry room is upstairs for convenience. All upstairs bedrooms have balconies with peek-a-boo views of the hills and mid-city area. Three interior fireplaces and one exterior. Two car garage and space for two additional cars in the driveway. Control4 smart home, Tesla charger and solar panels complete this feature rich home. Centrally located, Beverly Hills adjacent, walkable to The Grove, LACMA, Beverly Center, and the boutiques on 3rd and Beverly. Needs touching up; priced accordingly. An incredible opportunity to live in a highly desired location at an attractive price. The former home of pop star Madison Beer. Agents and brokers, please read private remarks.

Nearby schools

7/10
Hancock Park Elementary School
Public,K-50.4mi
5/10
Carthay Center Elementary
Public,K-50.6mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-61.1mi
9/10
West Hollywood Elementary School
Public,K-51.9mi
8/10
Horace Mann Elementary School
Public,K-80.8mi
3/10
Laurel Elementary School
Public,K-81.5mi
8/10
Beverly Vista Elementary School
Public,K-81.6mi
7/10
John Burroughs Middle School
Public,6-81.7mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.3mi
7/10
Fairfax Senior High School
Public,9-121.2mi
9/10
Beverly Hills High School
Public,9-122.5mi

Price History

Date
Event
Price
02/14/23
Sold
$3,862,500
05/05/17
Sold
$2,920,000
08/23/13
Sold
$2,600,026
05/10/12
Sold
$930,000
Condition Rating
Good

Built in 2013, this property is a modern, feature-rich home with high-end elements like Miele appliances, a Control4 smart home system, Tesla charger, and solar panels. The images showcase contemporary design, dark hardwood floors, a stylish glass staircase, and modern bathrooms. While the listing explicitly states it 'needs touching up' and encourages buyers to 'bring your contractor,' suggesting some cosmetic work or minor repairs are required, these are likely superficial given the property's young age and quality construction. It is not in 'Excellent' condition due to these stated needs, but its overall modern aesthetic, high-quality systems, and recent build year place it firmly in the 'Good' category, requiring personalization rather than major renovations.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Exceptional Investment Opportunity: Listed significantly below market value with an approved price drop due to a Chapter 11 bankruptcy sale, offering a rare chance for substantial equity gain in a desirable area.
Prime Beverly Grove Location: Centrally located and Beverly Hills adjacent, providing excellent walkability to renowned attractions like The Grove, LACMA, Beverly Center, and upscale boutiques.
Modern Design & Advanced Features: Built in 2013, the home features a contemporary open layout, high ceilings, floor-to-ceiling retractable doors, abundant natural light, Control4 smart home system, Tesla charger, and solar panels.
Generous Space & Outdoor Amenities: Nearly 4,000 sqft with a flexible 4+ bedroom layout, 4.5 baths, a luxurious master suite, and a private backyard oasis complete with a pool, spa, fire-pit area, and large patio.
Celebrity Pedigree: The property's history as the former home of pop star Madison Beer adds a unique and marketable prestige.

Cons

Distressed Sale & Required Renovation: The property is a bankruptcy sale and explicitly states it 'needs touching up' and requires a buyer to 'bring your contractor' to add value and personal taste, indicating it's not move-in ready.
Additional Capital Expenditure: The need for renovations and personalization implies immediate and significant additional investment beyond the purchase price to achieve its full potential and market value.
Potentially Complex Transaction: A voluntary Chapter 11 filing and trustee involvement can introduce complexities and potentially extend the closing timeline compared to a standard real estate transaction.

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